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JamesLu JamesLu
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7 years ago
Ratemakers at ABC Insurance Company calculated the pure premium to be $280 for a risk they were considering insuring. What is the gross rate for this risk, assuming a 30 percent expense ratio?
A) $364
B) $400
C) $430
D) $520
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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7 years ago
B
JamesLu Author
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7 years ago
Thank you
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